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it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter term concern. >> but the longer it goes on, one imagines the longer it affects the markets, and today, all of the markets are down? >> well, it is down, but it is a fairly benign reaction given some of the extreme assumptions of when the asian markets were opening that it is a real disaster. the markets are telling you that they have faith that something is going to get done here and you are seeing it on the equities side and the fixed income side in terms of the ten-year treasury yield, and yeah, it is down, but n
it is a big deal. i think that even if a deal is reached, and i believe there will be one and listening to geithner and members of both sides of the aisle saying that we will not default does not mean that the rating agencies will not downgrade u.s. debt which calls in whole other set of questions from the breadth of the full faith and credit and the collateral issue and the mandate of a lot of of the pension funds and insurance funds to only own triple aç securities is more of the shorter...
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Jul 25, 2011
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you had the big headline. gigantic headline that said, first time ever, worst congress ever, first time, the 111th congress ever. the rating showed the most conservative democratic senator was to the left of the most liberal republican. there is now no overlap ideologically at all between the parties making this a dysfunctional congress. >> we always have boy boisterousness, but in the belly of the beast i haven't seen it this bad. we just don't have a center anymore. fundamentally, chuck what we have is parliamentary pard innocen partens. you have a minority republican party with the reins of power through the house. voting no on everything the president wants or does, leads to the embarrassment we're seeing now. >> and senator, were you from a conservative, ideologically, moderate to conservative center right stake being a democrat. almost forced politically to always be the person in the middle. that's not the case in the house. >> i think norm's right, check, in the sense there's no more large, healthy cen
you had the big headline. gigantic headline that said, first time ever, worst congress ever, first time, the 111th congress ever. the rating showed the most conservative democratic senator was to the left of the most liberal republican. there is now no overlap ideologically at all between the parties making this a dysfunctional congress. >> we always have boy boisterousness, but in the belly of the beast i haven't seen it this bad. we just don't have a center anymore. fundamentally, chuck...
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Jul 25, 2011
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visit remax.com today. >>> is chris christie a big tease? from the start the brash new jersey governor said there's no way he is running for president. but his actions have a lot of people wondering. today, he showed up in des moines, iowa for a conference and republican fund-raiser. last week, he met with the group of wealthy conservatives who asked him to run. >>> and back in may, some iowa businessmen also tried to convince him to get in. governor christie, either you are keeping alive the rumor or you need to get a new person in your scheduling office. they have a suspicious way of moving you around. from the teachers to the students. i had a student the other day that said... "miss stacy, this class is changing the way that i look at things." sparking that interest and showing them that math and science are exciting... it's why i teach. ♪ i know they can, even when they think they can't. morning starts with arthritis pain... that's two pills before the first bell. [ bell rings ] it's time for recess... and more pills. afternoon art st
visit remax.com today. >>> is chris christie a big tease? from the start the brash new jersey governor said there's no way he is running for president. but his actions have a lot of people wondering. today, he showed up in des moines, iowa for a conference and republican fund-raiser. last week, he met with the group of wealthy conservatives who asked him to run. >>> and back in may, some iowa businessmen also tried to convince him to get in. governor christie, either you are...
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which right now is a big assumption. >> big assumption. >> huge. >> a lot of fuddy-duddy math. >> still not getting serious. >> i went away from fuzzy. >> all fuzzied up? is that like, fuddy-duddy? >> yes. >> moving beyond the 2000 election. so -- all right. >> you know -- are you surprised they don't have a deal today? because i actually, really -- i mean, i really thought -- >> i would be shocked if they don't have a deal in the next two or three days. i -- again, republican freshmen may have a big ideological difference with barack obama and his world view. it is no more -- the divide is no greater than ronald reagan's was with tip o'neill in 1983, when they sat down, and did a deal. the same with newt gingrich and bill clinton in the 1990s. i mean, yes. you differ with barack obama and the democrats, but -- you get the bill. >> usually you're good at seeing someone's angle. what's the angle? >> i see the angle. these republicans believe this is their only opportunity to -- >> are they so stuck to their -- >> do you want knee answer -- >> that they cannot even think outsided box for
which right now is a big assumption. >> big assumption. >> huge. >> a lot of fuddy-duddy math. >> still not getting serious. >> i went away from fuzzy. >> all fuzzied up? is that like, fuddy-duddy? >> yes. >> moving beyond the 2000 election. so -- all right. >> you know -- are you surprised they don't have a deal today? because i actually, really -- i mean, i really thought -- >> i would be shocked if they don't have a deal in the next...
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governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal.ç and chris christie. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be skinny these days. i appreciate your -- up next, the gunman in those horrific attacks in norway says he wanted to take his country back for the muslims and immigrants, blaming liberals for pushing multiculturalism. a very sensitive topic. let's look at the state of right wing extremism in europe. this is "hardball" only on msnbc. >> ( rooster crows ) >> by 2020, 50 billion network devices will roam the earth. that's seven devices per person. this will change how we work in ways we've never before imagined. what do you need to secure your people, their devices, and your business? a network that can evolve and
governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal.ç and chris christie. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be skinny these days. i appreciate your -- up next, the gunman in...
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let's look for the big fix. the president says, luke, let's go for the big fix and now the republicans are going, wait a minute. what gives? luke. >> politics is the art of the possible. a lot of folks on capitol hill feel right now that a short-term solution is the only thing possible because of the eight-day time window that you mentioned. that being said, there are two very different plans which you talked about in the introduction which are going through capitol hill right now. speaker boehner plan is going to have an extension, which gets us through the wipter. i'm told that speaker boehner's going to brief his house republican conference at 2:00 p.m. about the details of that plan. won't get extremely specific. then for all intensive purposes it looks from discussions i've had with certain aides that you can see as early as wednesday a house of representatives votes on speaker boehner's plan. harry reid is going to go his own way with a $2.7 trillion reduction plan across the board. both of these contessa
let's look for the big fix. the president says, luke, let's go for the big fix and now the republicans are going, wait a minute. what gives? luke. >> politics is the art of the possible. a lot of folks on capitol hill feel right now that a short-term solution is the only thing possible because of the eight-day time window that you mentioned. that being said, there are two very different plans which you talked about in the introduction which are going through capitol hill right now....
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Jul 25, 2011
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governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be running these days. i appreciate your -- up next, the gunman in those horrific attacks in norway says he wanted to take his country back for the muslims and immigrants, blaming liberals for pushing multiculturalism. a very sensitive topic. let's look at 9 state of right wing extremism in europe. this is "hardball" only on msnbc.ç announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better ser
governor of texas and, of course, the big p. still waits to see what happens with sarah palin. >> funny, if were you from another planet, mike, you notice that the people are heavy set. the bigger people like jeb, and like certainly haley barbour my pal. heavy set guys, using the right terms, aren't running. the skinny minis are running. i don't know what that's about. must be politically correct to be running these days. i appreciate your -- up next, the gunman in those horrific attacks...
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when we come back, big question of the week, with this president so vulnerable, are big-time republicans kicking themselves ning? chris: welcome back. president obama's no better than even money for re-election according to most analysts which brings us to this week's big question, are any of the big-time republicans who passed up a run for president regretting it? >> one definitely is. mitch daniels, governor of indiana who wanted to run. only reason he didn't run was because of his family who held him back. to this day he's thinking, i can get in this race and win it. chris: gloria? >> i actually went to indianapolis and spoke with mr. daniels about it. he says no regrets but i'm sure there are. i wonder if jeb bush is thinking about it right now? maybe there was enough distance between himself and his brother to possibly give it a run. chris: kelly? >> since they've taken two great answers i will say how about haley barbour to have a southerner if we don't get rick perry. chris: i don't know the reason why he's not running. i interviewed him last week. he's very sharp on all of the is
when we come back, big question of the week, with this president so vulnerable, are big-time republicans kicking themselves ning? chris: welcome back. president obama's no better than even money for re-election according to most analysts which brings us to this week's big question, are any of the big-time republicans who passed up a run for president regretting it? >> one definitely is. mitch daniels, governor of indiana who wanted to run. only reason he didn't run was because of his...
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boy, that's a big story. that's the nonsense one has to endure to run for president as i can attest. but it really frys my bacon to think that the worst criticism of michelle bachmann is she gets headaches. good grief, the presidency is a headache. if you watch her in campaign mode, you see a person of -- on failing energy, and she hardly seems incapacitated physically or intellectually. i get tired of the smug, sniffy self-8 pointed journalism demanding to see the medical records of a female candidate because some staffer who couldn't keep up with her decided to wine she has headaches. it sounds like losing that kind of staff member is getting rid of one headache. the only people i have less use for than somebody who betrays their reveler of nasty revelations of their boss being human was the gum shoe wanna be investigative reporter who thinks he smells a story. what he usually smells is his own foul self. brian ross, the abc reporter who fancies himself a real investigator lept on to the stage to confront c
boy, that's a big story. that's the nonsense one has to endure to run for president as i can attest. but it really frys my bacon to think that the worst criticism of michelle bachmann is she gets headaches. good grief, the presidency is a headache. if you watch her in campaign mode, you see a person of -- on failing energy, and she hardly seems incapacitated physically or intellectually. i get tired of the smug, sniffy self-8 pointed journalism demanding to see the medical records of a female...
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. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance
. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at...
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boy, that's a big story. that's the nonsense that one has to endure to run for president, as i can attest. it fries my bacon to think that the worst criticism of michele bachmann is that she gets headaches. good grief, the presidency is a headache. if you watch her in campaign mode you see a person of unfailing energy. and she hardly seems incapacitated physically or intellectually. i get so tired of the smug, snippy, self-appointed saints of journalism demanding to see the medical records of a female presidential candidate because some staffer who couldn't keep up with her decide today whine that she has headaches. it sounds to me losing that kind of a staff member is getting rid of at least one headache. the only people i have less use for, someone who has their employers of their boss being human is the gum shoe wannabe investigate reporter, who smells himself. brian rossen, leapt on to the stage to demand that he answers the questions and upset when some of the staffers, treated him like the inconsiderate
boy, that's a big story. that's the nonsense that one has to endure to run for president, as i can attest. it fries my bacon to think that the worst criticism of michele bachmann is that she gets headaches. good grief, the presidency is a headache. if you watch her in campaign mode you see a person of unfailing energy. and she hardly seems incapacitated physically or intellectually. i get so tired of the smug, snippy, self-appointed saints of journalism demanding to see the medical records of a...
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you've got to go where the big spending programs are. rising health care costs are the largest and fastest growing area of spending, bar none. that's why i've been an advocate of changing the way we pay for health care so it's based on the value. and we also need to scrub the defense budget. we have weapons systems that the pentagon keeps telling congress, stop appropriating money for these systems. we don't want 'em, we don't need 'em, they're not helping with defense readiness, and they're nonsensical. and i've been one of the leaders on farm bill reform, too, ending the huge taxpayer subsidies going to large agribusiness. it's not fiscally responsible, and that, too, should be in the mix. jenna: we'll see if we can get some of these big things done. that seems to be what you're going for, and we'll see if it can get done. thank you for joining us today. >> thank you. jon: we are awaiting an important meeting of house republicans. we're just getting word that speaker john boehner will unveil another plan to control the ballooning debt
you've got to go where the big spending programs are. rising health care costs are the largest and fastest growing area of spending, bar none. that's why i've been an advocate of changing the way we pay for health care so it's based on the value. and we also need to scrub the defense budget. we have weapons systems that the pentagon keeps telling congress, stop appropriating money for these systems. we don't want 'em, we don't need 'em, they're not helping with defense readiness, and they're...
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bringing the drama to the big screen. miners say it will include details never public ly told. >>> first anchor earned $65 million in its first weekend. it dumped "harry potter and the deathly hallows part 2" to number two at the box office. >>> what could be a pivotal hearing in her murder appeal. zain verjee is following developments for us. what's going on today? >> this is an absolutely critical phase of the hearing. raffaele sollecito and amanda knox are trying to overturn the murder sentence for the murder of meredith kercher. they are saying the police messed up and totally mishandled the dna evidence. a bra clasp. raffaele sollecito's dna was found on the bra clasp. what happened in the early stages, the defense is alleging, is that the police came in and used dirty gloves and passed it on to other dirty gloves and contaminated the bra, in essence. they also say that it took six weeks for them to even find it. it could be contaminated and, therefore, not permissable as evidence. the second thing is the knife that
bringing the drama to the big screen. miners say it will include details never public ly told. >>> first anchor earned $65 million in its first weekend. it dumped "harry potter and the deathly hallows part 2" to number two at the box office. >>> what could be a pivotal hearing in her murder appeal. zain verjee is following developments for us. what's going on today? >> this is an absolutely critical phase of the hearing. raffaele sollecito and amanda knox are...
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that's not a big deal. a lot of that is tied to greece and not what's happening in washington, is it not? >> reporter: let's put this into perspective. broadly speaking you could say the following. if there is no deal on this debt problem by that deadline in early august, if there is no deal you will probably see the stock market retreat big time. if surprise surprise there is a deal, and the debt ceiling is raids and we borrow some more money and we don't default, you can expect stocks to go straight up. that's the situation we are in. what i'm saying is you are going to see an awful lot of up and down with your money hour by hour. that's the way this week is going to be. bill: stuart varney. u.s. secretary of state hillary clinton is saying she is sure a debt deal with be reached. >> i'm confident congress will do the right thing and secure a deal on the debt ceiling. and work with president obama to take the steps necessary to improve our long-term fiscal outlook. bill: no coincidence she made those comm
that's not a big deal. a lot of that is tied to greece and not what's happening in washington, is it not? >> reporter: let's put this into perspective. broadly speaking you could say the following. if there is no deal on this debt problem by that deadline in early august, if there is no deal you will probably see the stock market retreat big time. if surprise surprise there is a deal, and the debt ceiling is raids and we borrow some more money and we don't default, you can expect stocks...
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if we had growth of 3, 4, 5%, this would not ab big issue. everybody would be happy. because growth is so low, because unemployment is so high, mp is trying to blame everyone else to stake out grounds. basically it's a lack of recognition problem. the one word i haven't heard in any of these debates, not one of these debates have i heard the word growth. how are we going to get the country moving again? are we going to follow chinese and invest money in alternative energies, incentivize corporations to do that? no word on that at all. until we get that message across, i fear this is going to be an ongoing dispute. we have not seen the last of it. i do not expect us to default. i do expect our bonds to be downgraded. i don't expect it to have a great effect. we've got to get growth in this country. >> pete dominick, to you. what do you think? if this wasn't political, do you think we'd have a deal by now? >> yes, i think we could do a lot if politics weren't involved, randi. since the kennedy administration lawmakers have raised the debt ceiling 74 times. ronald reagan
if we had growth of 3, 4, 5%, this would not ab big issue. everybody would be happy. because growth is so low, because unemployment is so high, mp is trying to blame everyone else to stake out grounds. basically it's a lack of recognition problem. the one word i haven't heard in any of these debates, not one of these debates have i heard the word growth. how are we going to get the country moving again? are we going to follow chinese and invest money in alternative energies, incentivize...